Wednesday, 28 September 2016

Mini firms on the way to generate electricity in Nigeria

A new Memorandum of Understanding (MOU) has been signed . It involves a local oil servicing company and Evolve Trading and Investment.

The deed of agreement is to introduce mini refineries with a capacity to process crude oil, produce water and also generate electricity Punch gathered.

The companies asserted that they their innovative processes was far ahead of the standard refining process which they noted does not produce additional outputs of electricity and drinking water.

It was named the 'Genesis Life Cube(GLC) and is based on teh context of creating life and producing basic elements like water and light.

All these were achieved after several meetings in London which led to a partnership signing between Awaritse Nigeria Limited team and Evolve Trading & Investments.

 The GLC has the ability to produce a basic yield of refined products designed for the local market as well as electricity and drinking water for local consumption.


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